It’s too soon to definitively say the market is back and real estate is great again, but several summer indicators suggest it might be true. Source: Florida Realtors
Do You Know the Impact Your Interest Rate Makes? [INFOGRAPHIC]
Some Highlights: Interest rates have come a long way in the last 30 years. The interest rate you secure directly impacts your monthly payment and the amount of house that you can afford if you plan to stay within a certain budget. Interest rates are at their lowest in years… RIGHT NOW! If buying your […]
Thinking of Selling Your House? Pick the Right Agent!
Today, more and more sellers are stepping back, taking a look at the advice real estate professionals give them, and asking themselves whether they can trust that advice. And that is exactly what they should do. The most important question you can ask when you are choosing a real estate agent is whether you feel […]
New Home Sales Up 25.4% Last Month!
According to the latest Census Bureau Report, sales of newly constructed homes soared to new heights in June to a seasonally adjusted rate of 592,000. This marks the highest annual rate in 8 years. Trulia’s Chief Economist, Ralph McLaughlin had this to say: “New home sales jumped sharply in June, and marked the best […]
CFPB issues foreclosure-prevention guidelines
The principles aren’t legally binding; instead, they create guidelines for the industry and lawmakers to follow after the federal foreclosure program (HAMP) ends. Source: Florida Realtors
What Does Home Mean to You?
No matter what shape or size your living space is, the concept and feeling of home can mean different things to different people. Whether it’s a certain scent or a favorite chair, the emotional reasons why we choose to buy our own home are, more often than not, the more powerful or compelling ones. Every […]
Why You Should Hire a Real Estate Professional When Buying a Home!
Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to go it on their own. In today’s market: you need an experienced professional! You Need an Expert Guide if You Are Traveling a Dangerous Path The field of real […]
S. Fla. homebuyers frustrated by shortage of listings
A lack of for-sale homes is rattling buyers, emboldening sellers and pushing prices higher. A normal supply is 6 months; on July 1, Broward had only 3.8 months. Source: Florida Realtors
Home Sales Accelerate During The “Dog Days of Summer” [INFOGRAPHIC]
Some Highlights: Existing home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million. Inventory of homes for sale remains below the historically normal 6-month mark at a 4.6-month supply, down 5.8% year-over-year. Median home sales prices rose to $247,700, 4.8% higher than a year ago and replaced […]
House Hasn’t Sold Yet? Take Another Look at Your Price!
The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the summer as many real estate professionals are reporting bidding wars with listings actually selling above listing price. What about your house? If your house hasn’t […]
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